WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

for the Week 27.2.2017 to 03.03.2017

Second Half Better...

NIFTY :: 8940 (+118)

Nifty traded in a range of 8810 to 8982 during last week and closed at the Higher end for the week at 8940 with a GAIN of 118 Points (a gain of about 1.3%). Market gained about 118 points during the week gaining on all the Four days in the week.

- The short term trend has turned Up. It is Neutral for Medium and Long term, short term could be quite volatile. Unless Nifty comes and closes below 8800.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8776, 8451, 8422 and 8420 respectively and would act as  Supports  and Resistances as Nifty is trading above all the averages.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 8776, 8451, 8422 and 8420 respectively and would act as  Supports  and Resistances as Nifty is trading above all the averages.

- Nifty continues to trade above    the  200 DMA and also  the 50 DMA and   50 DMA too has  come above   200 DMA (Golden Cross has come during  the last Week) suggesting that the Long term outlook too has become   Bullish and  Nifty continues to trade above both the Averages and hence can be considered to be Bullish. 

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Technical Levels...

Breakout level : 9050 Breakdown level : 8750

Bullish above 9000 with Resistance at 9060, 9120, 9180

Bearish below 8880 with Supports at 8820, 8760 ,8700

Advice for Traders...

Weekly Open level is very important for the entire week. Long positions may be considered  as long as it maintains above the Weekly open level.

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Planetary Position

- Moon would be transiting  from Poorvabhadra 1 st Pada in Aquarius   to Bharani 3 rd Pada in Aries .

- Sun transits from  Sathabhisham 3 rd    Pada  to Sathabhisham 4 th  Pada in Aquarius.

- Mercury  transits from Sathabisham 1 st   Pada in Aquarius to Sathabhisham 3 rd Pada  in Aquarius.

- Venus transits from  Revathi 1 st Pada in Pisces   to Revathi 1 st  Pada in Pisces.

- Mars transits in   Revathi 4 th   Pada in Pisces to Aswini 1 st Pada in Aries .

- Saturn, in  Sagittarius,  transits in  Moola 1 st Pada in Sagittarius Navamsa .

- Jupiter   transits in     Chitta 2 nd  Pada in Virgo and in Virgo   Navamsa.

- Rahu and Ketu transit in Leo and Aquarius and in Gemini  and Sagittarius  Navamsas,

Moon would be transiting between Poorvabhadra and Revathi in  Aquarius and Pisces between  Monday and Wedneday and   if the  High is crossed later on in the Week, it would become Bullish.

If the Low is Breached on Thursday/ Friday, it would become Bearish. It appears that First Half is rather subdued while the Second half could be Better.

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Generally Subdued (for Monday)

Tithi ::Phalguna Sukla Padyami

Nakshatra :Poorvabhadra

Persons born in Aswini, Makha and Moola constellations  and those born in Pisces and Cancer are advised to be alert in their dealings.

Sensitive / Trend change Timings for the day::  12.35 PM

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady and  remain Better till about 10.15 AM and remain Subdued thereafter till about 12.10 PM. It would remain Better after 12.15 PM  to 2.15 PM and could remain Subdued thereafter till close of the day .

Astro Technical Trading Strategy...

If Nifty Fut. Trades below  ATP by 10.15 AM, Short  Positions can be taken with suitable   SL, and such positions can be closed by about 12.00PM. If Nifty Fut trades aboe    the  ATP by about 12.15 PM , Long Positions can be taken with suitable  SL and such Positions can be closed by about 2.15 PM.

Technical Levels...

Resistance : 8980, 9015 Support :: 8900, 8865

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- IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.

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Disclaimer :  Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.

Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..